3717-3725 SW 8th St - Storefront FOR SALE


Miami, FL 33134
$3,000,000 USD
305-926-9560
3717-3725 SW 8th St, Miami, FL for Sale
$3,000,000 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

3717-3725 SW 8th St
Miami, FL 33134


HIGHLIGHTS

  • Heavy Traffice area
  • Prime area for development

OVERVIEW

Unique opportunity in Coral Gables, Florida to own a 10,000 square foot lot on southwest 8th street and 37th avenue. Please note, this parcel is being offered at an attractive price as it is subject to a land lease with 21 years remaining. This is an excellent opportunity for anyone looking for future development opportunities without any carrying costs as you can land bank and lock in today's price at a substantial discount to future pricing. Please do not disturb the tenants and direct all inquiring to our office.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$296 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,200 SF

ZONING

CB

APN/PARCEL ID

03-4105-050-2830

ASK ABOUT THIS PROPERTY

Jonathan AlfonsoeXp RealtyMore Info
305-926-9560

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Jonathan AlfonsoeXp RealtyMore Info
305-926-9560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.